Paradigm Gold Closes Non-Brokered Private Placement

Core Viewpoint - Paradigm Gold Corporation has successfully closed the second tranche of its non-brokered private placement, raising a total of $190,000 to fund exploration activities and working capital [1]. Group 1: Private Placement Details - In the second tranche, the company issued 400,000 non-flow-through units at a price of $0.10 per unit, generating gross proceeds of $40,000 [2]. - The first tranche involved the issuance of 1,500,000 non-flow-through units, resulting in gross proceeds of $150,000 [2]. - Each non-flow-through unit consists of one common share and one-half share purchase warrant, with each whole warrant exercisable at $0.15 for three years [2]. Group 2: Finder's Fees and Securities - The company paid finder's fees of $3,000 and issued 30,000 finder warrants, each exercisable at $0.15 for three years [3]. - All securities from the second tranche are subject to a hold period until April 12, 2026, and the offering is subject to TSX Venture Exchange acceptance [3]. Group 3: Use of Proceeds - Net proceeds from the offering will be allocated to fund costs associated with the exploration program on the 100% owned Swift-Katie gold/copper project in British Columbia, which has five priority targets identified over a 2,500m strike-length [4].